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Your Canada Mortgage Payout Penalty – nothing quite like getting kicked twice by a horse

by Rylan Hahn | Jul 20, 2011 | Mortgage Advice, Rylan's Rants, Tips & Tricks

With your Canadian mortgage payout penalty that is charged for early repayment, there are some standards that are generally accepted by most lenders.  However there is a dirty trick implemented by some of the big banks when calculating your interest rate differential...
Manulife One – Borrower be aware or beware?

Manulife One – Borrower be aware or beware?

by Rylan Hahn | Jul 19, 2011 | Mortgage Advice, Rylan's Rants, Tips & Tricks

The Manulife One line of credit is one of Canada’s best marketed ” all in one products”.  Feel free to review my previous post here about the merits or lack there of when it comes to the Home Equity line of credit as a home financing strategy.  I...

What is your life story – How can your Mortgage Associate help?

by Rylan Hahn | Jul 19, 2011 | First Time Buyers, Mortgage Advice, Mortgage Investors, Real Estate Investors, Rylan's Rants, Tips & Tricks

I have been reading a tremendous book by Donald Miller titled A Million Miles in a Thousand Years. The underlying premise is for us to look at our lives as a Hollywood movie, basically a story, and then proceed to live a dynamic and exciting one  while creating...

Why a Home Equity line of credit is like a hampster on a wheel

by Rylan Hahn | Jul 18, 2011 | Mortgage Advice, Rylan's Rants

Essentially the extreme danger of this product is you work hard, pay your bill monthly, and at the end of the year, or many years for some Home Equity line of credit borrowers you have nothing to show for your payments as you have not repaid any principal.  There is a...
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